Quarterly report pursuant to Section 13 or 15(d)

DERIVATIVES. (Tables)

v3.19.1
DERIVATIVES. (Tables)
 3 Months Ended
Mar. 31, 2019
Derivative Instruments and Hedging Activities Disclosure [Abstract]  
Schedule of derivatives not designated as hedging instruments

The classification and amounts of the Company’s derivatives not designated as hedging instruments, and related cash collateral balances, are as follows (in thousands):

  

    As of March 31, 2019  
    Assets     Liabilities  
                     
Type of Instrument   Balance Sheet Location     Fair
Value		     Balance Sheet Location     Fair
Value		  
                         
Cash collateral balance   Other current assets   $ 4,409              
Commodity contracts   Derivative instruments   $ 1,155     Derivative instruments   $ 5,156  

 

    As of December 31, 2018  
    Assets     Liabilities  
                     
Type of Instrument   Balance Sheet Location     Fair
Value		     Balance Sheet Location     Fair 
Value		  
                         
Cash collateral balance   Other current assets   $ 8,479              
Commodity contracts   Derivative instruments   $ 1,765     Derivative instruments   $ 6,309  
Schedule of recognized gains (losses) for derivatives

The classification and amounts of the Company’s recognized gains (losses) for its derivatives not designated as hedging instruments are as follows (in thousands):

 

        Realized Losses  
        Three Months Ended March 31,  
Type of Instrument   Statements of Operations Location   2019     2018  
Commodity contracts   Cost of goods sold   $ (630 )   $ (1,658 )

 

        Unrealized Gains  
        Three Months Ended March 31,  
Type of Instrument   Statements of Operations Location   2019     2018  
Commodity contracts   Cost of goods sold   $ 544     $ 1,196